Infosys to announce first quarter results on July 15

Infosys, the global leader in consulting, technology, outsourcing and next-generation services, will announce its results for the quarter ended June 30, on July 15.

TOI Tech

July 12, 2016, 09:12 IST

BANGALORE: Infosys, the global leader in consulting, technology, outsourcing and next-generation services, will announce its results for the quarter ended June 30, on July 15. The results will also be available on the company's website.

Following the release, the leadership team will be part of a media interaction.

The company expects revenue to growth at 11.5-13.5% in FY17, which is better than analysts' estimates.

The country's second-largest IT company's net profit during the fourth quarter jumped 3.8% quarter-on-quarter to Rs 3,597. The IT giant's profit beat estimates for the fourth straight quarter.

The country's second-largest IT company's consolidated profit went up by 9.4% to Rs 13,491 crore from previous fiscal, while revenue saw a jump of 17% to Rs 62,441 crore.

Infosys recently said that it has seen a surge in job applications received, which is said to have trebled to 1.16 million in FY16 from FY13's 379,000. Experts said this is a reflection of the demand-supply mismatch.